The world’s two largest economies - China and the US - are increasingly adopting carbon trading to cut greenhouse gas emissions, contrary to suggestions by Prime Minister Tony Abbott that other countries are not introducing schemes. Speaking in Canada, Mr Abbott said carbon taxes and emissions trading were the wrong way to address climate change.
He said the debate was not about the existence of climate change, but the best approach to respond to it and he backed ”direct action measures” such as improving energy efficiency and planting more trees………………………………………..Full Article: Source